In 2023, the import volume of automatic goods-vending machines, non-food, into India stood below the forecasted 2024 figure of 209.15 thousand kilograms. The forecast shows a steady increase yearly, indicating a compound annual growth rate (CAGR) over the five-year period. The import volume is expected to grow from 209.15 thousand kilograms in 2024 to 226.65 thousand kilograms by 2028, showing consistent growth.
Future trends to watch for:
- Technological advancements improving machine efficiency and attractiveness in the Indian market.
- Policy changes affecting trade tariffs and regulations.
- Adoption rate of vending machines in new sectors beyond traditional settings.